1020 Raritan Avenue, Highland Park, NJ 08904

$983,650
Property Type: Multi-Family Bedrooms: 6 Baths: 5 Square Footage: 4,914 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $983,650 List Date: 6/02/2025 Last Modified: 12/22/2025

Description

Fantastic income-producing property located in a vibrant, sidewalk town near major transportation hubs (New Brunswick and Edison Train Stations), Rutgers University, Robert Wood Johnson Medical Center. This well-maintained all-brick building offers outstanding earning potential and long-term value. The property features one spacious 3-bedroom unit with private basement access, three well-appointed 1-bedroom/1-bathroom units, and a versatile bonus space ideal for a live-in super or owner's suite. All units are in excellent condition, with strong rental appeal and stable occupancy. The roof has been replaced in 2020, new hot water heater, updated electric panel, hardwood flooring and LVT plank flooring. Owner/super unit has new LVT flooring and freshly painted with two entrances.

Supplements: Property also offers a 2 car garage and 2 car concrete driveway. Whether you're expanding your portfolio or seeking a smart first investment, this turnkey multi-family offers both immediate cash flow and future appreciation in a sought-after location.

More Information MLS# 22516157

Status Change Info

Contingent Date: 2025-07-08 Under Contract Date: 2025-08-14 Sold Date: 2025-12-22 Sold Price: $983,650

Contract Info

List Price/SqFt: 223.85 Status: Closed List Date: 2025-05-31 Sold Price: $983,650 Current Price: $983,650 Property Sub-Type: Four Family

Location

Area/Section: None House Number: 1020 Street Name: Raritan Street Suffix: Avenue County: Middlesex Municipality: Highland Park (HIP) Postal City: Highland Park State: NJ Zip Code: 08904 Complex/Subdivision: None Directions: US-1 to Woodbridge Ave Drive to S 11th Ave in Highland Park. House will be on the left

General Property Info

# Units in Bldg: 4 Waterfront: No # Levels: 3 Waterview: No Lot Dimensions: 60 x 90 Basement: Yes Garage: Yes # Acres: 0.12 # Car Garage: 2 Pool: No Bedrooms: 6 Full Baths: 5 Total Baths: 5 Apx SqFt: 4914 Apx Year Built: 1955

Tax and Legal

Asmnt - Total: 719200 Deed Restricted: No Taxes: 18426 Tax Year: 2024

Unit 1

# Bedrooms: 1 # Full Baths: 1 Kitchen Level: 3 Living Room Level: 3 AC Unit: 1 Electric Stove: 1 Refrigerator: 1

Unit 2

Bedroom Level: 1 # Full Baths: 1 Kitchen Level: 3 Living Room Level: 3 Other Room Desc: Dining Rm AC Unit: 1 Electric Stove: 1

Unit 3

# Bedrooms: 3 Bedroom Level: 2 # Full Baths: 1 Kitchen Level: 2 Living Room Level: 2 Other Room Desc: sunroom Other: dining room Electric Stove: 1 Refrigerator: 1

Unit 4

# Bedrooms - Unit 4: 1 Bedroom Level: 1 # Full Baths - Unit 4: 1 Kitchen Level: 1 Living Room Level: 1 Electric Stove: 1 Refrigerator: 1

Showing

Showing Time: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Floors

Ceramic Tile: 1 Laminate: 1 Wood: 1

Basement

Partial: 1

Cooling

Multi Units: 1 Other: 1

Water Heater

Natural Gas: 1

Heating

Steam: 1

Exterior

Patio: 1

Garage

Attached: 1 Detached: 1

Assessment Status

Assessed: 1

Siding

Brick: 1

Roof

Flat: 1

Landlord Pays

Electricity: 1 Gas: 1

Property Features

Unit 1: AC Unit; Electric Stove; Refrigerator Unit 2: AC Unit; Electric Stove Unit 3: Electric Stove; Refrigerator Unit 4: Electric Stove; Refrigerator Basement: Partial Floors: Ceramic Tile; Laminate; Wood Cooling: Multi Units; Other Heating: Steam Water Heater: Natural Gas Exterior: Patio Siding: Brick Roof: Flat Garage: Attached; Detached Assessment Status: Assessed Landlord Pays: Electricity; Gas Showing: Showing Time
Listing Office: RE/MAX Innovation
Listing Agent: Susan Marcrie
IDX
Last Updated: December - 22 - 2025
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